Bitcoin isn't suitable as payment or investment, ECB says
The European Central Bank again takes aim at bitcoin.
Source: marketwatch.com
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Nvidia's stock surge could amount to $200 billion with 'mammoth growth' on tap
Nvidia is on track to boost its market cap by $239 billion, which would be the biggest one-day haul for any company.
Source: marketwatch.com
WPP looks to AI after collapse in advertising giant's profits
The advertising firm plans to use AI to "augment" jobs inside the company and cut back office costs
United Kingdom Mark Read Martin Sorrell Article Normal Artificial Intelligence Technologies Advertising Services
Source: marketwatch.com
Existing Home Sales Rise to Highest Level Since August. Supply Is Inching Up.
Homes on the market in January increased to 1.01 million, up 2% from the month prior, a trade group said.
United States Shaina Mishkin Lawrence Yun Justin Sullivan Getty Mortgage Bankers Association National Association Of Realtors
Source: marketwatch.com
Fed's Jefferson says he expects rate cuts 'later this year'
The No. 2 official at the Federal Reserve said Thursday that he thinks the central bank can begin to cut interest rates in 2024.
Philip Jefferson Federal Reserve Peterson Institute For International Economics Fed Vice Chair Philip Jefferson Peterson Institute International Economics
Source: marketwatch.com
Mexico's 4Q GDP Expanded 0.1% From Previous Quarter
By Anthony Harrup MEXICO CITY--Mexico's economy slowed in the fourth quarter of 2023 as declines in industrial output and agricultural production partially...
Anthony Harrup Morgan Stanley National Statistics Institute Article Normal Economic Performance Indicators Economic Growth Recession
Source: marketwatch.com
Tech Stock News: Intel and OpenAI Talk Chips, Google to Train AI on Reddit
Intel would like to get back into the conversation about artificial-intelligence chips. It looks to have OpenAI CEO Sam Altman on board.
Pat Gelsinger Sam Altman Adam Clark Patrickt Fallon Bloomberg Foundry Services Taiwan Semiconductor Manufacturing
Source: marketwatch.com
Installed Building Products Shares Reach New Heights
By Colin Kellaher Installed Building Products shares rose more than 10% and hit an all-time high on Thursday after the insulation installer posted quarterly...
United States Colin Kellaher Building Products Article Normal Building Completion Real Estate Construction
Source: marketwatch.com
Nvidia-fueled tech rally puts Nasdaq Composite record in sight
The Nasdaq Composite is trading near its record close from November 2021.
Nasdaq Composite Article Normal Computers Consumer Electronics Computer Hardware Financial Services Industrial Electronics
Source: marketwatch.com
Outfront Media Stock Rises 18% on Upbeat Advertising Commentary
By Will Feuer Shares of Outfront Media jumped after executives at the out-of-home advertising company were upbeat about the market for ad spending. The stock...
Outfront Media Executive Jeremy Male Will Feuer Article Normal Advertising Services Advertising Marketing Public Relations
Source: marketwatch.com